DAX Falls for 2nd DAY

The DAX 40 fell about 0.5% to around 25,300 on Tuesday, the lowest since July 24 and marking the second day of losses, led by banks, while elevated global bond yields and rising oil prices continued to weigh. Deutsche Bank and Commerzbank dropped 3.2% and 1.2%, respectively, after Bank of America CEO Brian Moynihan warned of a 10% drop in third-quarter fees. Meanwhile, tech stocks including Infineon Technologies (-0.8%) remained weak following calls from industry leaders to slow AI development.